🟢 META is trading 3% up today with broader market rally

META is trading at +3.03% now at $669.20 amid a strong market open, fueled by cooler-than-expected November CPI data boosting rate cut hopes.

• Tracking the broader market rally, with the NASDAQ Composite up 1.33% and the S&P 500 up 1.04%.
• Bank of America reiterated its buy rating, citing potential AI-driven ad growth.
• The rally is driven by significant rate cut hopes following November CPI coming in at 2.7% (vs. 3.1% forecast).